Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Varying the split in dividends payable in private company?
If two equal shareholders wish to change the distribution of dividends so that one gets (e.g.) 75% and the other 25% for a period, is it legally possible to effect this without changing the shareholdings?
1 Answer
- Steve BLv 710 years agoFavorite Answer
I assume you don't want to chnage the voting rights but do want to change the dividend split ?
One way would be for the Company to issue non-voting 'preference' shares that carry full dividend entitlement for a nominal price with the company retaining the option to buy back the shares at the same price in the future.
If you each hold (say) 100 shares & the Company issued 200 non-voting preference shares to one partner, this would do the trick.
